Consumer
Unilever Sales Rise More Than Expected, Led by Beauty
- Sales rose 4.4% in first quarter beating analyst expectations
- Unilever is undergoing turnaround and splitting ice cream unit
Dove hand wash.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
The Anglo-Dutch consumer goods group said sales rose 4.4% in the first three months of the year, ahead of analyst expectations of 3.5%. It also increased volumes for the second consecutive quarter as the stock cube and soap maker tries to win back market share.